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Gaza Crisis Deepens as Israeli Strikes Kill 60 Amid Aid Shortages

  Israeli airstrikes have killed at least 60 people across Gaza, intensifying the humanitarian crisis in the region. The strikes targeted residential areas, including a family home and a school-turned-shelter, leading to significant civilian casualties.  Despite mounting international pressure, Israel has allowed only minimal aid into Gaza, far below the necessary levels to address the growing humanitarian needs. UN agencies report that while some trucks carrying food and medical supplies have entered, the amount remains insufficient compared to the 600 trucks per day that were permitted during a previous ceasefire.  The ongoing conflict has displaced nearly 90% of Gaza’s population, with many facing dire shortages of food, medicine, and shelter. International leaders, including those from Canada, France, and the UK, have urged Israel to ease restrictions and allow more humanitarian assistance.  As the situation worsens, calls for a ceasefire and increased aid contin...

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What You Need to Know for Your 2023 Tax Return

 

Tax season is upon us once again, and it’s time to get organized for filing your 2023 tax return. Whether you’re a seasoned pro or a first-time filer, here’s a checklist to help you navigate the process with confidence:

Gather Your Personal Information

Before diving into the paperwork, make sure you have the following details handy:

  1. Social Insurance Numbers (SIN): Collect SINs for yourself, your spouse, and any dependents.
  2. Dates of Birth: Note down the birthdates of family members.
  3. Net Income Amounts: Gather net income figures for your spouse and dependents, especially if you’re claiming credits like the Canada Caregiver Amount.
  4. Installment Payments: Keep track of any payments made to the Canada Revenue Agency (CRA) throughout the year.
  5. Notice of Assessments: Retrieve last year’s assessments from the CRA.
  6. NETFILE Access Code: If you’re e-filing, you’ll need this code.

Income Slips

Depending on your sources of income, you’ll need to complete the relevant forms:

  • Employment Income (T4): If you’re employed, gather your T4 statement.
  • Self-Employment Income (T2125): For freelancers and business owners, complete the T2125 form.
  • Investment Income (T5 and T3): Collect statements related to investments.
  • Retirement Income (T4A, T4A (P), T4A (OAS), T4RSP, T4RIF): If you’re retired, these forms are essential.
  • Social Benefits (T4E, T5007): Don’t forget benefits received during the year.

CRA My Account

If you haven’t already, sign up for CRA My Account. It streamlines the process and ensures accuracy.

Remember, the deadline for most Canadians to file their 2023 tax return is April 30, 2023. If you’re mailing your return, make sure it’s postmarked on or before May 1, 2023.


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